Don’t Wait 60-90 days for American Superstores to Pay You.
Distributor Funding for Big Box Retail Suppliers
Big Box Retail Factoring is a big business where major big box stores wait up to 90-days or more to pay open invoices. But Private Label wholesalers provide goods and services at low prices and low margins. Not to mention, this type of Big Box Retailer operation stresses business owners needing to finance 3-months of expenses out of pocket, including product and payroll.
A Big Box Store or American Superstore is also known as a hyperstore, supercenter, or megastore. Bankers Factoring proudly fund sales to all credit-worthy American Superstores.
Big Box Retailer Factoring Financing eliminates the cash flow burden that bottlenecks startups and small businesses. In fact, Bankers Factoring offers a Big Box Retailer Factoring Financing program that puts working capital into business owners’ checking accounts.
Same Day Invoice Factoring Financing also helps startups scale their business by eliminating the long gaps in receivable cycles. Suppose your private label company is struggling with payroll funding. Our Big Box Retailer factoring program can secure liquidity, PO Financing, or sales financing.
What is Big Box Retailer Factoring Financing?
Private label factoring, or Big Box Retailer factoring, is a cash flow financing vehicle that turns unpaid accounts receivables (ARs) into same-day cash flow. Big Box Retailer Factoring Financing also funds wholesale and importing businesses with weekly payroll.
Big Box Retailer Factoring, also called Invoice Factoring Financing, enables companies to bypass agreed credit terms. For example, suppose your commercial customer has NET60 terms. In that case, you can sell your invoices today and eliminate the 60-day wait for payment.
Learn more in our previous article, “Payroll Funding For Big Box Retailers.”
What is Big Box Retailer Financing?
Businesses that sell wholesale to large retailers like Bass Pro, Dollar General, and Walmart can sell unpaid invoices for immediate working capital. Moreover, Private Label Factoring helps the not-yet bankable startup business finance operations.
Companies that provide goods on a large scale to commercial clients can leverage greater purchasing power with enhanced capital. Most retailers compete on cost, and volume purchasing is the best way to lower costs. Thus, Big Box Retailer Companies can scale their business through invoice factoring financing.
What is Big Box Retailer Manufacturing?
Big Box Retailer or private label manufacturing is when the retailer purchases their branded product directly. This helps major retailers improve their efficiency by only marketing the products. However, most commercial businesses require NET30 or NET60 terms, which kills small business cash flow.
Big Box Retailer Financing Solutions with Factoring Financing
The process of private label factoring financing is straightforward with same-day approval. In fact, invoice factoring transactions follow a simple pattern. First, clients must have unpaid invoices from their customers (the account debtor) with no liens against the ARs. Learn more about Small Business Liens.
Big Box Retailer Factoring Financing follows a 4-step model:
- Private Label Vendor sells a batch of open invoices to Bankers Factoring
- Bankers Factoring approves the factoring application
- Bankers Factoring then direct deposits up to 93% of the AR invoice balance the same day as approval
- Bankers Factoring eventually rebates the remaining balance less our factoring fee once the account debtor pays the invoice.
What are the advantages of private label factoring?
Private label wholesalers for big box retailers utilize factoring funds to meet payroll and operating expenses. However, extended payment terms cause Big Box Retailer manufacturers to run out of cash reserves while keeping up with current sales production. Thus, the operating cycle is vicious for small business owners if they cannot secure cash flow financing.
But small businesses needing cash in the next couple of days do not have the time to secure traditional financing. Invoice factoring is a quick process from application to approval and funding. Cover the payroll for your employees by Friday with private label factoring.
For example, suppose your business does not have the time to get a bank loan. In that case, you can sell your unpaid AR invoices to Bankers Factoring, an invoice factoring company. We provide immediate cash funding up to 93% of the invoice value the same day by selling your open invoices to us.
- Same-day payroll funding
- Receive up to 93% of your open A/R value the same day as approval
- Quick funding application – Contact us today
- Working capital to make business decisions and stop cash flow shortages
- Poor credit businesses or entrepreneurs qualify
- Available for businesses in financially distressed situations
How much does Big Box Retailer invoice factoring financing cost?
The factoring fee, also called the discount rate, runs from .95% to 5%, depending on several criteria. The size and volume of your invoices and your customer’s creditworthiness contribute to your factoring fee. Big Box Retailer Factoring costs include our AR Insurance which protects our clients from bad debt. Learn more in our previous article, “Bad Debt Protection.“
Startup White Factoring Financing is a unique program that benefits companies growing their monthly receivables. As startup private label manufacturing companies increase sales, we can provide more competitive cash flow packages.
Visit Factoring Rates Explained to learn more.
How to get same-day invoice factoring funding to address cash flow challenges?
Same-day invoice factoring funding requires a completed funding application and the necessary documentation to expedite the process. Invoice factoring transactions follow a standard sequence of events:
- Big Box Retailer Company delivers work to their customer, the account debtor, and creates an invoice.
- Big Box Retailer Company submits a funding application with their invoices, A/R aging report, and the other 8 requirements to qualify for invoice factoring.
- Bankers Factoring approves the private label funding application based on the creditworthiness of the account debtor.
- Bankers Factoring direct deposits up to 93% of the receivable value the same day as invoice approval and verification.
- Once the account debtor pays Bankers Factoring, we issue the rebate. The remaining open invoice balance is less our factoring fee.
To learn more, visit our previous article, “The Due Diligence Process of Invoice Factoring.“
What is Bankers Factoring Big Box Retailer Factoring Financing?
Bankers Factoring Big Box Retailer factoring financing removes the burden of cash flow funding for big box wholesalers. Bankers Wholesaler factoring provides AR Insurance with the bonus of unlimited access to capital. Big Box Retailer factoring helps businesses struggling to manage weekly expenses.
We work with private label manufacturers and vendors to create cash flow management plans. Working capital is critical for every business, and our team of employee-owners is here to get your application funded.
The Bankers Factoring Private Label Advantage
- Same-day funding after approval up to 93%
- We take on the credit risk
- Total A/R Management
- Flexible line of financing
- No hidden fees
- Rates as low as .95%
Qualifying for Invoice Factoring
To qualify for invoice factoring, a business typically needs to meet the following criteria:
- Have outstanding invoices or accounts receivable
- Have a good credit history
- Have a solid business plan and financials
- Have a large enough volume of invoices to secure a factoring agreement
Factoring companies do not typically require businesses to have a certain amount of time in business or owners with particular credit scores. However, the factoring company may consider these factors when evaluating the business’s creditworthiness.